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Published Date: 2016-11-15Number of Pages: 114

Sulfone Polymers Market (Product Type/Grade - Polysulfone (PSU), Polyethersulfone (PESU), and Polyphenylsulfone (PPSU); Application - Medical, Automotive, Aerospace, Consumer Goods, Electrical and Electronics, and Industrial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Global Sulfone Polymers Market: Snapshot

Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the automotive industry for use in optical reflectors, headlight bezels, fog lamp housings, oil pumps, oil pistons, and impellers. Increase in environmental awareness and shifting trend of automotive manufacturers toward low-weight materials for fuel efficiency and better performance are estimated to offer growth opportunities to the sulfone polymers market from 2016 to 2024.

Transparency Market Research states that the global sulfone polymers market was valued at US$805.4 mn in 2015 and is will rise to US$1,394.7 mn in 2024, exhibiting a CAGR of 6.4% between 2016 and 2024.

sulfone polymer market

Applications across Automobile Industry to Continue to Gain Larger Share in Overall Market 

In terms of applications, the report examines the various applications of sulfone polymer across applications in the medical, automotive, aerospace, consumer goods, electrical and electronics, and industrial sectors. Of these, the applications of sulfone polymer across the medical sector led to the most promising returns, accounting for nearly 24% of the overall market in 2015. The segment is anticipated to continue its dominance during the forecast period as well, chiefly owing to the continuous growth in the global medical industry and the availability of vast variety of medical grade sulfone polymer product varieties in the global market.

Share of segments such as automotive and aerospace are expected to exhibit moderate yet steady growth in the global market in the next few years owing to the stable rise in demand for lightweight and high-performance materials in these segments. Both the segments are expected to exhibit a nearly 6.5% CAGR over the period between 2016 and 2024.

Sustainable Demand across Medical Industry to Keep North America and Europe in Dominant Positions

In terms of volume, North America held the dominant share of more than 39% in the global sulfone polymer market in 2015, in terms of revenue, and the trend is expected to remain strong in the next few years as well. However, the in North America, similar to the market in Europe, is projected to expand at a moderate pace during the forecast period, as the key end-use industries are well-established in these regions, with little scope for further expansion due to market stagnation.

Nevertheless, the rising medical industry in the regions is expected to drive the sulfone polymer market notably by the end of the forecast period. Resurgence of the automotive market in the U.S. and healthy growth of the medical devices market is also likely to provide momentum to the sulfone polymer market in North America and Europe.

However, the overall performance of the sulfone polymer market in North America and Europe regions is expected to be less promising than the Asia Pacific market over the period between 2016 and 2024. China is projected to be one of the key consumers of sulfone polymers in the region over the said period. Other countries such as Japan, South Korea, and India are also expected to be promising markets for sulfone during the forecast period. High demand for sulfone polymers in the production of automotive, electrical and electronic components, and rise in demand for sulfone polymers in membrane manufacturing are expected to be the key factors propelling the sulfone polymers market in Asia Pacific.

In the highly consolidated market for sulfone polymers, some of the key players are BASF SE, Solvay S.A., Sumitomo Chemical Co., Ltd., and Sabic. 

1. Preface
     1.1. Report Scope And Market Segmentation 
     1.2. Research Highlights
     1.3. Research Objectives
     1.4. Key Questions Answered

2. Assumptions And Research Methodology
     2.1. Report Assumptions
     2.2. Abbreviations Used
     2.3. Research Methodology

3. Executive Summary
     3.1. Global Sulfone Polymers Market Size, By Market Value (U$ Bn) And Market Value Share, By Region
     3.2. Key Trends

4. Market Overview
     4.1. Product Overview
     4.2. Key Industry Developments
     4.3. Market Indicators
     4.4. Drivers And Restraints Snapshot Analysis
            4.4.1. Drivers
                      4.4.1.1. Rising demand from the medical industry
                      4.4.1.2. Growing use of sulfone polymer membranes
                      4.4.1.3. Increasing number of applications in automobiles
            4.4.2. Restraints
                      4.4.2.1. Regulatory barriers in end-use applications
                      4.4.2.2. High development costs and high product costs
                      4.4.2.3. High lead time
            4.4.3. Opportunities
     4.5. Value Chain Analysis 
     4.6. Porter’s Analysis 

5. Global Sulfone Polymers Market Analysis And Forecasts, By Product
     5.1. Key Findings
     5.2. Introduction
     5.3. .Market Size (Tons) (Us$ Mn) Forecast By Product
     5.4. Sulfone Polymers Market Forecast By Product
     5.5. Sulfone Polymers Market Attractiveness Analysis By Product

6. Global Sulfone Polymers Market Analysis And Forecasts, By Application
     6.1. Key Findings
     6.2. Introduction     
     6.3. Market Size (Us$ Mn) Forecast By Application
     6.4. Market Size (Tons) Forecast By Application     
     6.5. Market Size (Us$ Mn) Forecast By Application
     6.6. Sulfone Polymers Market Attractiveness Analysis By Application
     6.7. Application Comparison Matrix

7. Sulfone Polymers Market Analysis By Region
     7.1. Global Regulatory Scenario
     7.2. Market Size (Tons) (Us$ Mn) Forecast By Region
     7.3. Sulfone Polymers Market Attractiveness Analysis, By Region Type

8. North America Sulfone Polymers Market Analysis
     8.1. Key Findings
     8.2. North America Sulfone Polymers Market Overview
     8.3. North America Market Value Share Analysis, By Product
     8.4. North America Market Forecast By Product
     8.5. North America Market Value Share Analysis, By Application
     8.6. North America Market Forecast By Application Type
     8.7. North America Market Value Share Analysis, By Country
     8.8. North America Market Forecast By Country
     8.9. North America Market Attractiveness Analysis
     8.10. Market Trends

9. Europe Sulfone Polymers Market Analysis
     9.1. Key Findings
     9.2. Europe Sulfone Polymers Market Overview
     9.3. Europe Market Value Share Analysis, By Product
     9.4. Europe Market Forecast By Product
     9.5. Europe Market Value Share Analysis, By Application
     9.6. Europe Market Forecast By Application Type
     9.7. Europe Market Value Share Analysis, By Country
     9.8. Europe Market Forecast By Country
     9.9. Europe Market Attractiveness Analysis
     9.10. Market Trends

10. Asia Pacific Sulfone Polymers Market Analysis
     10.1. Key Findings
     10.2. Asia Pacific Sulfone Polymers Market Overview
     10.3. Asia Pacific Market Value Share Analysis, By Product
     10.4. Asia Pacific Market Forecast By Product
     10.5. Asia Pacific Market Value Share Analysis, By Application
     10.6. Asia Pacific Market Forecast By Application Type
     10.7. Asia Pacific Market Value Share Analysis, By Country
     10.8. Asia Pacific Market Forecast By Country
     10.9. Asia Pacific Market Attractiveness Analysis
     10.10. Market Trends

11. Middle East And Africa (Mea) Sulfone Polymers Market Analysis
     11.1. Key Findings
     11.2. Middle East And Africa Sulfone Polymers Market Overview
     11.3. Middle East And Africa Market Value Share Analysis, By Product
     11.4. Middle East And Africa Market Forecast By Product
     11.5. Middle East And Africa Market Value Share Analysis, By Application
     11.6. Middle East And Africa Market Forecast By Application Type
     11.7. Middle East And Africa Market Value Share Analysis, By Country
     11.8. Middle East And Africa Market Forecast By Country
     11.9. Middle East And Africa Market Attractiveness Analysis
     11.10. Market Trends

12. Latin America Sulfone Polymers Market Analysis
     12.1. Key Findings
     12.2. Latin America Sulfone Polymers Market Overview
     12.3. Latin America Market Value Share Analysis, By Product
     12.4. Latin America Market Forecast By Product
     12.5. Latin America Market Value Share Analysis, By Application
     12.6. Latin America Market Forecast By Application Type
     12.7. Latin America Market Value Share Analysis, By Country
     12.8. Latin America Market Forecast By Country
     12.9. Latin America Market Attractiveness Analysis
     12.10. Market Trends

13. Competition Landscape
     13.1. Sulfone Polymers Market Share Analysis, By Company (2015)
     13.2. Competition Matrix
     13.3. Key Players
                      13.3.1.1. Solvay S.A. 
                      13.3.1.2. Company Overview
                      13.3.1.3. Financial Overview
                      13.3.1.4. Business Strategy
                      13.3.1.5. Swot Analysis
                      13.3.1.6. Recent Developments
            13.3.2.  Basf Se 
                      13.3.2.1. Company Overview
                      13.3.2.2. Financial Overview
                      13.3.2.3. Business Strategy
                      13.3.2.4. Swot Analysis
                      13.3.2.5. Recent Developments
            13.3.3.  Sumitomo Chemical Co., Ltd. 
                      13.3.3.1. Company Overview
                      13.3.3.2. Financial Overview
                      13.3.3.3. Business Strategy
                      13.3.3.4. Swot Analysis
                      13.3.3.5. Recent Developments
            13.3.4.  Sabic 
                      13.3.4.1. Company Overview
                      13.3.4.2. Financial Overview
                      13.3.4.3. Business Strategy
                      13.3.4.4. Swot Analysis
                      13.3.4.5. Recent Developments
            13.3.5.  Uju New Materials Co. Ltd. 
                      13.3.5.1. Company Overview
                      13.3.5.2. Financial Overview
                      13.3.5.3. Business Strategy
                      13.3.5.4. Swot Analysis
                      13.3.5.5. Recent Developments

List of Figures

Figure 1: Global Sulfone Polymers Market
Figure 02: Global Sulfone Polymers Market Value Share Analysis, by Product Type, 2015 and 2024
Figure 03: Sulfone Polymers Market Attractiveness Analysis, by Product Type
Figure 04: Global Sulfone Polymers Market Value Share Analysis, by Application Type, 2015 and 2024
Figure 05: Sulfone Polymers Market Attractiveness Analysis, by Application Type
Figure 06: Global Sulfone Polymers Market Value Share Analysis By Region Type, 2016 and 2024
Figure 07: Sulfone Polymers Market Attractiveness Analysis, By Region Type
Figure 08: North America Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, 2015–2024
Figure 09: North America Sulfone Polymers Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 10: North America Market Attractiveness Analysis By Country
Figure 11: North America Market Value Share Analysis By Product Type, 2015 and 2024
Figure 12: North America Market Value Share Analysis By Application Type, 2015 and 2024
Figure 13: North America Market Value Share Analysis By Country, 2016 and 2024
Figure 14: Europe Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, 2015–2024
Figure 15: Europe Sulfone Polymers Market Size and Volume, Y-o-Y Growth Projections, 2015–2024
Figure 16: Europe Sulfone Polymers Market Attractiveness Analysis, by Country
Figure 17: Europe Sulfone Polymers Market Value Share Analysis, by Product Type, 2015 and 2024
Figure 18: Europe Sulfone Polymers Market Value Share Analysis, by Application, 2015 and 2024
Figure 19: Europe Sulfone Polymers Market Value Share Analysis, by Country, 2015 and 2024
Figure 20: Asia Pacific Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, 2015–2024
Figure 21: Asia Pacific Sulfone Polymers Market Size and Volume, Y-o-Y Growth Projections, 2015–2024
Figure 22: Asia Pacific Sulfone Polymers Market Attractiveness Analysis, by Country
Figure 23: Asia Pacific Sulfone Polymers Market Value Share Analysis, by Product Type, 2015 and 2024
Figure 24: Asia Pacific Sulfone Polymers Market Value Share Analysis, by Application, 2015 and 2024
Figure 25: Asia Pacific Sulfone Polymers Market Value Share Analysis, by Country, 2015 and 2024
Figure 26: MEA Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, 2015–2024
Figure 27: MEA Sulfone Polymers Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 28: Middle East and Africa Market Attractiveness Analysis By Country
Figure 29: MEA Market Value Share Analysis By Product Type, 2015 and 2024
Figure 30: MEA Market Value Share Analysis By Application Type, 2015 and 2024
Figure 31: MEA Market Value Share Analysis By Country, 2015 and 2024
Figure 32: Latin America Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, 2015–2024
Figure 33: MEA Sulfone Polymers Market Size and Volume Y-o-Y Growth Projections, 2015–2024
Figure 34: MEA Market Attractiveness Analysis By Country
Figure 35: MEA Market Value Share Analysis By Product Type, 2016 and 2024
Figure 36: Latin America Market Value Share Analysis By Application Type, 2016 and 2024
Figure 37: MEA Market Value Share Analysis By Country, 2016 and 2024
Figure 38: Global Sulfone Polymers Market Share Analysis By Company (2015) Figure 1. Market Segmentation

List of Tables

Table 01: Global Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, by Product Type, 2015–2024
Table 02: Global Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application Type, 2015–2024
Table 03: Global Sulfone Polymers Market Size (US$ Mn) and Volume (Units) Forecast, By Region Type, 2015–2024
Table 04: North America Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, By Product Type, 2015–2024
Table 05: North America Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, By Application Type, 2015–2024
Table 06: North America Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, By Country, 2015–2024
Table 07: Europe Sulfone Polymers Market Size (US$ Mn) and Volume (Units) Forecast, by Product Type, 2015–2024
Table 08: Europe Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2015–2024
Table 09: Europe Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, by Country, 2015–2024
Table 10: Asia Pacific Sulfone Polymers Market Size (US$ Mn) and Volume (Units) Forecast, by Product Type, 2015–2024
Table 11: Asia Pacific Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, by Application, 2015–2024
Table 12: Asia Pacific Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, by Country, 2015–2024
Table 13: Middle East & Africa Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, By Product Type, 2015–2024
Table 14: Middle East & Africa Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, By Application Type, 2015–2024
Table 15: Middle East & Africa Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, By Country, 2015–2024
Table 16: Latin America Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, By Product Type, 2015–2024
Table 17: Latin America Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, By Application Type, 2015–2024
Table 18: Latin America Sulfone Polymers Market Size (US$ Mn) and Volume (Tons) Forecast, By Country, 2015–2024 

Global Sulfone Polymers Market: Overview

Sulfone polymers are high performance thermoplastics manufactured through the condensation polymerization process. Sulfone polymers are primarily employed in the manufacture of components which require high thermal and chemical stability such as automotive oil circuits, oil pistons and gears, medical devices such as dialyzers, nebulizers and medicals implants. Rising demand for sulfone polymers in the medical industry in various regions is likely to propel the sulfone polymer market in the near future. North America dominates the sulfone polymer market in terms of production and demand. Asia Pacific is the second largest consumer of sulfone polymer in 2015. Countries such as China, India, Japan, and South Korea are expected to be the key consumers of sulfone polymers. Expensive nature of raw materials and high processing costs are anticipated to hamper market growth of sulfone polymers during the forecast period. These factors are projected to unfavorably affect market growth during the forecast period.

Global Sulfone Polymers Market: Scope of the Report

This report analyzes and forecasts the market for sulfone polymers at the global and regional level. The market has been forecast based on volume (Tons) and revenue (US$ Mn) from 2016 to 2024, considering 2015 as the base year. The study includes drivers and restraints of the global sulfone polymers market. It also covers impact of these drivers and restraints on demand for sulfone polymers during the forecast period. The report also highlights opportunities in the sulfone polymers market at the global and regional level.

The report includes detailed value chain analysis, which provides a comprehensive view of the global sulfone polymers market. Porter’s Five Forces model for the sulfone polymers market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.

Global Sulfone Polymers Market: Segmentation

The study provides a decisive view of the global sulfone polymers market by segmenting it in terms of product type (PSU, PESU, and PPSU) and applications such as medical, automotive, aerospace, consumer goods, electrical & electronics, industrial and other (including membrane, military, plumbing, etc). These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand for sulfone polymers in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Sulfone Polymers Market: Research Methodology

The report provides the actual market size of sulfone polymers for 2015 and estimated market size for 2016 with forecast for the next eight years. The global market size of sulfone polymers has been provided in terms of volume and revenue. Market volume has been defined in tons, while market revenue is in US$ Mn. Market numbers have been estimated based on product type and key applications of sulfone polymers. Market size and forecast for numerous end-users have been provided in terms of global, regional, and country level markets.

In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players’ product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, Plastemart magazine, BP magazine, internal and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoover’s, oneSOURCE, Factiva and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market.

We conduct primary interviews on an ongoing basis with industry participants and commentators to validate data and analysis. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.

Global Sulfone Polymers Market: Competitive Dynamics

The report comprises profiles of major companies operating in the global sulfone polymers market. The global sulfone polymer market is consolidated. Key players include BASF SE, Solvay S.A., Sumitomo Chemical Co., Ltd., and Sabic. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.

The global sulfone polymer market has been segmented as follows:

Sulfone Polymers Market: Product Type Analysis

  • PSU
  • PESU
  • PPSU

Sulfone Polymers Market: Application Analysis

  • Medical
  • Automotive
  • Aerospace
  • Consumer Goods
  • Electrical & Electronics
  • Industrial
  • Others (membrane, military, plumbing, etc)

Sulfone Polymers Market: Regional Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • ASEAN
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of South America
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA


 
 
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